Learning Outcomes

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Explain the scope of financial management in healtcare institutions
Define the fundamental concepts
Express the functions of financial management
Define the financial management in healtcare institutions
List the factors affecting the development of financial management in healtcare institutions
Express the primary, secondary and tertiary level related disciplines with financial management
Define the financial statements
Explain the concepts related to the financial system and the time value of money
Express the financial system
Express the financial markets
List the financial instruments
Express the properties of financial institutions
Express the concept of time value of money
Calculate simple and compound interest
Calculate anuities, present and future values of cash flows
Analyze the financial statements of healtcare institutions
Define the financial analysis
Express the types and techniques of financial analysis
Define the financial ratios
Analyze with financial ratios
Define the other financial analysis techniques
Apply the financial analysis techniques
Explain the concepts related to the financial planning and budgeting in healthcare institutions
Express the fundamental concepts of planning
Explain the financial planning techniques
Express the budgeting process in private health institutions
Express the general and private budget system and revolving fund business in public healthcare institutions
Explain the working capital management in healthcare institutions
Explain the concept of working capital
Distinguish between working capital and net wkoring capital
Explain the importance of working capital for healthcare institutions
Define the working capiltal cycle
Explain the working capital management
List the elements of working capital
Explain cash management, receivables management and stock management
Explain the concepts of capital structure and cost of capital in healthcare institutions
Express the equities and their characteristics
Discuss the various types and characteristics of long-term and short-term debt instruments
Express the equities and their characteristics
Explain capital structure decisions
Summarize capital structure theories
Explain the capital budgeting process in healthcare institutions
Explain the concept of capital expenditures
Explain the types of capital expenditures in healthcare institutions
Explain the concept of capital budgeting
Explain capital budgeting steps
Explain capital budgeting valuation methods
Apply capital budgeting valuation methods
Explain the financial organization of the Turkish health system
Summarize the financing methods of health services
Define the financing structure of health services in Turkey
Explain the financial organization in the Ministry of Health and hospitals
Explain the financial organization in university hospitals
Explain the financial organization in private hospitals